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Wells Fargo Net Interest Margin (Bank Only) %

: 3.01% (As of Jun. 2019)
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Net interest margin is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates net interest margin as Net Interest Income (for Banks) divided by its average earning assets. Wells Fargo's annualized Net Interest Income (for Banks) for the quarter that ended in Jun. 2019 was $48,380 Mil. Wells Fargo's average earning assets for the quarter that ended in Jun. 2019 was $1,607,500 Mil. Therefore, Wells Fargo's annualized net interest margin for the quarter that ended in Jun. 2019 was 3.01%.


Wells Fargo Net Interest Margin (Bank Only) % Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Wells Fargo Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Interest Margin (Bank Only) % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.02 2.90 2.86 2.99 3.16

Wells Fargo Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Net Interest Margin (Bank Only) % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.20 3.21 3.10 3.01 2.85

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Wells Fargo Net Interest Margin (Bank Only) % Distribution

* The bar in red indicates where Wells Fargo's Net Interest Margin (Bank Only) % falls into.



Wells Fargo Net Interest Margin (Bank Only) % Calculation

Net interest margin (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Wells Fargo's annualized Net Interest Margin for the fiscal year that ended in Dec. 2018 is calculated as

Net Interest Margin(A: Dec. 2018 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2017 ) + Earning Assets (A: Dec. 2018 ))/2)
=49995/( (1582855 + 1580546)/2)
=49995/1607499.5
=3.16 %

where

Earning Assets(A: Dec. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=80025 + 966967 + 535863
=1582855

Earning Assets(A: Dec. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=80207 + 960502 + 539837
=1580546

Wells Fargo's annualized Net Interest Margin for the quarter that ended in Jun. 2019 is calculated as

Net Interest Margin(Q: Jun. 2019 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: {}stock_data.data.Q2}}) + Earning Assets (Q: Jun. 2019 ))/2)
=48380/( (1594911 + 1620088)/2)
=48380/1607499.5
=3.01 %

where

Earning Assets(Q: Mar. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=98621 + 954383 + 541907
=1594911

Earning Assets(Q: Jun. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=112119 + 964365 + 543604
=1620088

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Note: Interest Expense is the negative value.

In the calculation of annual net interest margin, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Jun. 2019) net interest income data. Net Interest Margin is displayed in the 15-year financial page.


Wells Fargo  (NYSE:WFC) Net Interest Margin (Bank Only) % Explanation

The negative value of net interest margin mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Wells Fargo Net Interest Margin (Bank Only) % Related Terms


Wells Fargo Net Interest Margin (Bank Only) % Headlines

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